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H.R. 827IntroducedHouse · nowSenatePresidentLawIn committee
Sec. 203 · H.R. 827

Effect of guarantee

Title II — Catastrophe Obligation Guarantees

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The issuance of any guarantee by the Secretary under this title shall be conclusive evidence that— (1) the guarantee has been properly obtained; (2) the underlying debt qualified for such guarantee; and (3) the guarantee is valid, legal, and enforceable.

Sec. 203: Effect of guarantee · Public Law Tracker